MIKAEL

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

JENNY STOFKA

Phone

8186239898

Tax Period

2023-01-01 to 2023-12-31

MIKAEL, founded in 2021, is a small nonprofit in the Religion sector that reported $167K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $143K, a strong 86% operating margin.

Mission

TO PROVIDE SUPPORT TO CATHOLIC RELIGIOUS ORDERS, INSTITUTES, ASSOCIATIONS AND SCHOOLS IN THE U.S. AND ABROAD AND TO PROVIDE ASSISTANCE TO CURRENT AND FORMER CLERGY MEMBERS AS WELL AS INDIVIDUALS WHO DESIRE TO BECOME CLERGY MEMBERS.

Program Service Accomplishments

Program 1

Revenue: $171,350

TO PROVIDE GRANTS TO CATHOLIC SCHOOLS AND ORGANIZATIONS THAT DIRECTLY ALIGN WITH OUR EXEMPT PURPOSES AS WELL AS GRANTS TO PROSPECTIVE, FORMER, AND CURRENT CLERGY MEMBERS WHO DO NOT HAVE THE FINANCIAL...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $171,350

Program Service Revenue $0

Investment Income $5,489

Other Revenue $-10,095

TOTAL REVENUE $166,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,108

TOTAL EXPENSES $24,108

Year-over-Year Comparison

	2023	2022	Change
Revenue	$166,744	$413,896	-0.6%
Expenses	$24,108	$12,492	+0.9%
Net Income	$142,636	$401,404	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMAD OLOMI	CHAIR	1.00	Officer Director	$0	$0	$0
PAUL COLUCCI	TREASURER	1.00	Officer Director	$0	$0	$0
PETER JONNA	DIRECTOR	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$166,744	$24,108	$1,294,526	$142,636
2023	$232,783	$21,308	$1,363,365	$211,475
2022	$413,896	$12,492	$1,151,890	$401,404
2021	$750,610	$124	$750,486	$750,486